Advantage Magazine | January 2021

MINNESOTA SMALL BUSINESS DEVELOPMENT CENTERS

-SOUTHEAST REGION-

INNOVATE

LAUNCH

GROW

RENEW

TRANSITION

PLAN NOW

Have you been thinking about turning your dream into reality? Taking an idea to business is an exciting but stressful experi- ence. The Rochester SBDC and its partners can provide start-up and planning training services, tools, and resources to help eval- uate your business idea, make sound business decisions, and pursue your dream of business ownership.

It’s official, your business is open. Congratulations! But, now what? How do you attract customers, manage daily operations, and plan for the future? The Rochester SBDC has the resources and experts to guide you in this formative stage of business—where business decisions often mean the difference be - tween business success and failure.

Your business is well-established and customers are returning. Business is good, but not growing. How can you take it to the next level? The Rochester SBDC has professionally certified business consultants work one-on-one with motivated businesses who want to grow and expand. Our consultants help research, design, and implement sustain- able strategies that help your business achieve its growth potential.

There comes a time in every business when change is needed. Being flexible and seeking ways to help your business adjust to a changing marketplace is the best recipe for success. The Rochester SBDC works with mature businesses to identify new business opportunities, chart new paths, and plan for the long-term future.

As an entrepreneur, your thoughts are dominated with growing your business. However, there does come a time when you must say goodbye. Do you have a plan? Will you be selling, merging, or closing your business? The Rochester SBDC can help you project the valuation of your business and prepare for the transition.

What are your immediate needs?

Ensure success no matter what stage you’re in of the business life cycle by understanding the steps.

semnsbdc@gmail.com http://rochestersbdc.com/

1926 College View Road SE | Rochester, MN 55904 8:00am - 4:30pm | 507-285-7536 | rctc.edu RCTC is a member of Minnesota State and an equal opportunity employer/educator.

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Are you looking for more information or help understanding the new federal or state pandemic relief measures and their impact on your business? The Small Business Development Center can help.

Contact Director Mark Thein by emailing him at mark.thein@rctc.edu or by calling (507) 459-3060.

Visit https://rochestersbdc.com/ for more information.

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